White Paper: Solving Project Allocation Resource Problems with Aerospace ERP
Defense manufacturing is all about project manufacturing and project accounting. And that means enterprise resource planning (ERP) software for defense manufacturing must include robust functionality for project management and specifically project cost allocation.
But according to research from the Department of Defense Manufacturing Technology Program, 60 percent of the value of systems and products delivered by tier-one vendors in fact originates from their suppliers. Manufacturing executive supplying defense OEMs are finding that the better job they do helping these customers meet the reporting and cost control requirements of the federal government, the more attractive they are as a business partner and the more work they can win.
So, how can you, as a tier-two vendor, provide quick, accurate information, proposals, and commitments to capacity that will entice tier-one vendors to do business with you. This whitepaper outlines a few strategies.
In this white paper you will learn:
Why Project Cost Allocation is crucial for aerospace and defense manufacturing.
What problems your business without adequate project cost allocation.
What the terms estimate at completion and estimate to completion mean and why they're important.
This white paper is sponsored by IFS. To download, please complete the form on this page.
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